iOS jailbreakers who happen to own an iPhone 4S or iPad 2 may be going through withdrawal. After all, it’s been a while. The iPhone 4S has been locked down since its birth in October while the iPad 2 only had one brief summer fling with a jailbreak. The dry spell, however, may be about to end. Hacker extraordinaire pod2g has announced that the untethered jailbreak for iOS 5.0.1 (on devices running the A5 chip) should be available in a matter of days.
This comes after pod2g collaborated with a dream team of jailbreak hackers, including planetbeing and saurik. The crew combined their talents to escape the iOS “sandbox,” which means that they got permissions for the hack to access system-wide resources (the sandbox limits each app’s reach).

With that said, an imminent release would be embraced by the iOS jailbreaking community. 2011 was a big win for the cat in the cat & mouse game of jailbreaking. Apple locked down the A5 chip so tightly that (aside from comex’s jailbreakme 3.0 hack last summer) the A6 chip may be released before the A5 is even cracked.
We’ll let you know when the A5 jailbreak is available. In the meantime, those on older iOS devices (iPhone 4, iPhone 3GS, original iPad, iPod touch 4th gen, and iPod touch 3rd gen) can jailbreak by following our guide.
via pod2g
Please note: If you are looking instructions on how to jailbreak a non-A5 iOS 5.0.1 device, we have instructions here.
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